Traders Await Outcome
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'Trader justice': Ex-SocGen trader fired for risky bets claims he was made a 'scapegoat'
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a "scapegoat."CNBC - Business -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Pogacar starts explosive first Giro weekend in pole but potholes await
The outstanding Slovenian cyclist is putting the hype in perspective as he prepares for his debut in historic Grand Tour. Tadej Pogacar may be the outstanding bet to win his debut Giro d’Italia, but the Slovenian is also acutely aware of how three ...The Guardian - World -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Labour ‘very confident’ Sadiq Khan has won London mayor election as Andy Burnham takes Manchester – live
Labour has already secured mayoral victories in Greater Manchester, West Yorkshire, South Yorkshire and Liverpool today. Local elections 2024: full council results for EnglandRishi Sunak is braced for the result of key mayoral elections in London ...The Guardian - World